Singapore - Pepper - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Singapore: Pepper Market Overview 2020

Pepper Market Size in Singapore

The revenue of the pepper market in Singapore amounted to $X in 2018, surging by X% against the previous year. Over the period under review, pepper consumption continues to indicate outstanding growth. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, the pepper market attained its peak figure level in 2018 and is likely to continue its growth in the immediate term.

Pepper Production in Singapore

In value terms, pepper production amounted to $X in 2018 estimated in export prices. Overall, pepper production continues to indicate a remarkable expansion. The growth pace was the most rapid in 2018 when production volume increased by X% against the previous year. In that year, pepper production attained its peak level and is likely to continue its growth in the immediate term.

Average yield of pepper in Singapore totaled X kg per ha in 2018, therefore, remained relatively stable against the previous year. Over the period under review, the pepper yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the pepper harvested area in Singapore amounted to X ha, flattening at the previous year. In general, the pepper harvested area continues to indicate a relatively flat trend pattern.

Pepper Exports

Exports from Singapore

In 2018, the amount of pepper exported from Singapore totaled X tonnes, rising by X% against the previous year. Over the period under review, pepper exports, however, continue to indicate an abrupt downturn. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, pepper exports stood at $X in 2018. Over the period under review, pepper exports, however, continue to indicate a deep descent. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Over the period under review, pepper exports attained their peak figure at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

The United Arab Emirates (X tonnes), Pakistan (X tonnes) and India (X tonnes) were the main destinations of pepper exports from Singapore, together comprising X% of total exports. Germany, the U.S., Turkey, the Netherlands, Japan, Viet Nam, Russia, South Africa and Croatia lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Croatia, while the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), the United Arab Emirates ($X) and the Netherlands ($X) were the largest markets for pepper exported from Singapore worldwide, with a combined X% share of total exports. The U.S., South Africa, Japan, India, Turkey, Viet Nam, Croatia, Russia and Pakistan lagged somewhat behind, together comprising a further X experienced the highest growth rate of exports, in terms of the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average pepper export price amounted to $X per tonne, going down by -X% against the previous year. In general, the pepper export price, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% against the previous year. In that year, the average export prices for pepper reached their peak level of $X per tonne. From 2017 to 2018, the growth in terms of the average export prices for pepper failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was South Africa ($X per tonne), while the average price for exports to Pakistan ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Pepper Imports

Imports into Singapore

In 2018, the imports of pepper into Singapore amounted to X tonnes, rising by X% against the previous year. Over the period under review, pepper imports, however, continue to indicate an abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, pepper imports attained their peak figure at X tonnes in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

In value terms, pepper imports totaled $X in 2018. Over the period under review, pepper imports, however, continue to indicate an abrupt contraction. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Imports peaked at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

Indonesia (X tonnes), Viet Nam (X tonnes) and Malaysia (X tonnes) were the main suppliers of pepper imports to Singapore, with a combined X% share of total imports. These countries were followed by Brazil and Cambodia, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Cambodia, while the other leaders experienced mixed trend patterns.

In value terms, Indonesia ($X) constituted the largest supplier of pepper to Singapore, comprising X% of total pepper imports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Indonesia stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (-X% per year) and Malaysia (-X% per year).

Import Prices by Country

The average pepper import price stood at $X per tonne in 2018, falling by -X% against the previous year. In general, the pepper import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 an increase of X% against the previous year. Over the period under review, the average import prices for pepper attained their maximum at $X per tonne in 2015; however, from 2016 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Cambodia ($X per tonne), while the price for Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform